Adani Group Order Fuels GE Vernova T&D Shares, Surging 11%

Business
M
Moneycontrol•22-12-2025, 19:30
Adani Group Order Fuels GE Vernova T&D Shares, Surging 11%
- •GE Vernova T&D India shares surged up to 11% after securing a major contract from Adani Group's AESL Projects.
- •The contract involves designing and installing a 2,500 MW, ±500 kV HVDC VSC terminal station for renewable power transmission from Khawda, Gujarat.
- •Brokerage firms estimate the undisclosed order value between ₹7,500 crore and ₹12,000 crore, to be completed over several years.
- •MK Global maintains a 'Buy' rating with a target price of ₹3,350, citing the company's strong existing order book of ₹13,100 crore.
- •GE Vernova T&D India shares have performed exceptionally, gaining 49% in 2025 so far, with a market cap of ₹78,352.80 crore.
Why It Matters: GE Vernova T&D India's shares soared on a multi-crore Adani Group order, boosting future prospects.
✦
More like this
Loading more articles...





